Enviro Infra Engineers Raises ₹194.6 Crore in Anchor Round

CosmicTaco · 2024-11-22T16:35:28.152896+05:30

- Enviro Infra Engineers secured ₹194.6 crore from anchor investors ahead of its IPO, allocating 1.31 crore shares at ₹148 each. - The IPO, opening on November 22, aims to raise up to ₹650 crore, with funds supporting working capital and debt repayment. - The company specializes in water and wastewater treatment projects, with a strong order book and improving financial metrics. Source: [Mint](https://www.livemint.com/market/ipo/enviro-infra-engineers-ipo-firm-raises-rs-194-6-crore-via-anchor-investors-ahead-of-public-issue-11732209525124.html), [The Economic Times](https://economictimes.indiatimes.com/markets/ipos/fpos/enviro-infra-engineers-offers-exposure-to-countrys-high-potential-water-management-sector/articleshow/115533784.cms)

Enviro Infra Engineers secured ₹194.6 crore from anchor investors ahead of its IPO, allocating 1.31 crore shares at ₹148 each.
The IPO, opening on November 22, aims to raise up to ₹650 crore, with funds supporting working capital and debt repayment.
The company specializes in water and wastewater treatment projects, with a strong order book and improving financial metrics.

Source: Mint, The Economic Times